Sedo slowly dying!

[News]

Sedo domain name sales have been on a steady decline for 3-4 years now but as this is going there will be no Sedo left within a year or two. At least not like it used to be.

The Sedo website and system hasn’t been updated for years, commissions have been raised (probably to keep the profit up while overall sales plummet), and frankly I wonder what domainers are still selling domain names at Sedo. Probably only some old clients that haven’t heard of new services or don’t bother changing platforms and maybe some domainers that want to have their domains listed at every platform available.

So is Sedo slowly dying? Some will say it is already dead. It is still riding on its past good reputation. But that reputation has been tarnished...

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[wormfood]

@jacoliobo
Were you using Bodis parking pages or the "make an offer" landing pages?
I saw the increase once I switched to the offer landers.
I don't miss the $15/month parking revenue.

Yes, I was using those.. :D Who knows, maybe I messed something up, but I thought they were all pointing at those and functioning.
Haha yea, I don't have domains that would make money in parking either, I think.

 

[bazabizo]

My experience
2000 names listed on sedo and Afternic , parked at DNS
Average a sale per month on Afternic and an enquiry for an expensive name that spdidnt sell but was very close
Zero sales on sedo and not a single offer!
That's for 6 months. An absolute waste of time proving ownership and pricing and listing and removing sold ones. Even if I sell a name per year it's a waste of time!
Sedo has no end users it's only domainers even a npbig piece of their sold mpnames are through auctions! No retail sales what a nightmare!

 

[Atta]

What about Flippa? That is already dead. 49$ upgrade for just 24 hours feature listing and at the end $1 selling price. That is a big joke.

 

[JayJay]

. 49$ upgrade for just 24 hours feature listing and at the end $1 selling price. That is a big joke.

This is also the fault of the seller to pay for a listing upgrade on a name that really is only worth reg fee...or less, regardless how much exposure it gets. Not that Im defending certain marketplaces practices whatsoever.

 

[Atta]

This is also the fault of the seller to pay for a listing upgrade on a name that really is only worth reg fee...or less, regardless how much exposure it gets. Not that Im defending certain marketplaces practices whatsoever.

They left no choice except to buy the upgrade. If you don't buy, there are only 40-50 visitors you get overall for auction.

Moreover, everyone is buying upgrades regardless of how worthless their domain names are! This makes it worst for those who want to sell good domain name.

 

[wormfood]

They left no choice except to buy the upgrade. If you don't buy, there are only 40-50 visitors you get overall for auction.

Moreover, everyone is buying upgrades regardless of how worthless their domain names are! This makes it worst for those who want to sell good domain name.

No, the bottom line is that good domains sell! No upgrades needed..

 

[Atta]

No, the bottom line is that good domains sell! No upgrades needed..

Just go to Domains -> Just Sold section and you will find what I am talking about. The classified listings are even sold better than auctions.

 

[DnEbook]

Good names get found, spend a couple of dollars on hosting per month and get your own wordpress landing page with contact details.

 

[Atta]

Good names get found, spend a couple of dollars on hosting per month and get your own wordpress landing page with contact details.

Yes! That is what I did. I created my own portfolio and redirected all my domains to it with separate landing pages for each. I sold few so far and receiving regular inquiries.

 

[martinrussell]

Again, SEDO's site needs work, and they've recently eliminated the ability for sellers to earn a commission on our own sale referrals, which we used to reduce our costs. Park for 10 percent instead of marketplace rate? Sure, but their intrusive parking page videos are the worst of the worst and actually make it harder to find the BIN link.

We built basic landers and just "REFRESH" to the sales page so buyers don't have to "Click"

But, hands down (in our experience) SEDO's checkout process has proven time and again to be the EASIEST for end user buyers to grasp. And once SEDO confirm possession of the name from us, payment is crazy fast and then THEY hold the client hand through the transfer. So good on them for that…

 

[Sinh]

Sedo is not usefull anymore, I have listed a lot of good name there but I have received only one offer from LLLL.com / DOOI.com which It has been sold at $1500 at Godaddy after that.

Now I receive offer from Godaddy everyday but still ZERO from Sedo.

 

[claudedauman]

I've sold and continue to sell a large number of names through Sedo. Most of my domain names are very well priced with fixed prices.

Sedo has excellent customer service, excellent brokers and one of the most intuitive transfer systems.

 

[DnEbook]

I've sold and continue to sell a large number of names through Sedo. Most of my domain names are very well priced with fixed prices.

Sedo has excellent customer service, excellent brokers and one of the most intuitive transfer systems.

Fixed pricing that is not over the top is what does it ........ it's when we all think each name is worth a fortune we slow right down

 

[Nuno Guedes]

Sedo Fees are to high!!

 

[Recons.Com]

Gave sedo a try and listed some .co, .ch names there. Probably around 100. Got one sale on days on .co for $800 bin. They need to improve on many fronts, but they do have end users, differing from flippa and normal functioning search differing from Afternic.

 

[golan]

I sold one domain on Sedo this year. BIN.

 

[nomen]

Still like Sedo despite the lack of development in the recent years (their new design was like, well, let's do something but really nothing; it's still not modern UI design is my point).

What I like:

- when I visit Sedo parked pages, the for sale message is in my native language (Finnish). I suspect that to be the case in a lot of other languages as well. Not that business people don't understand what "for sale" means but it adds a cozy feeling IMO.

- It's still the platform that most of the startup community (not to mention marketing compartments of BIG corporations) know. Based on the people I've talked to, that is. I still think that those in the know often times search a domain from Sedo (not exclusively of course). There are a lot of listings in Sedo.

- Communication based on my experience has always been really good.

What I don't like:

- They just seem to be unable to handle the spam/bot traffic especially for new domains.

EDIT: And yes, my Sedo sales are in deep decline.

 

[DnEbook]

I would have to say the search feature seems flawed ......... very frustrating

 

[Optimal Names]

From my experience, the Sedo marketplace does not generate sales. I've sold a decent number of domains at Sedo over the past 10 years but every one of them was parked at Sedo at the time of the sale. About 3 months back I switched to Bodis landing pages and sales are up about 300% during that short period of time.

I'm starting to test with Efty.com too in hopes I can raise it even higher.

I also had good luck forwarding domains to their Godaddy premium listings but I prefer to have the buyer make an opening offer and I also like to avoid paying commissions.

This is what happened to me as well.

 

[ENN]

I use their escrow only (3% or min. $60).

You can just use their Escrow service? How? Could you provide link with information on their Escrow service please?